Stacy Summary: Yep, what about gold? And about Keiser: tomorrow Max will be on the Thom Hartmann show live at 12 noon EST.
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Most recent: 
More on Thom Hartmann and calling your Congressperson.
I called John Kerry’s office once to find out more about what was publically known information. I asked the staffer three times about it. And she dodged my question every time. The third time she then started reading a script really fast to get rid of me. And I thought, how much do you get paid to do this?
Kucinich’s office does essentially the same thing. You call about what’s a publically known subject to find out what he thinks about it.
They won’t answer you. Why not? Because it’s our policy to never comment on current bills. But your boss wrote the bill! How can you NOT comment on something that you boss wrote?
That’s our policy.
And Congress wonders why everyone hates them. Stacy, does the French Parliament do this?
watch this from the German guy Dr. Berninger, financial adviser:
http://www.youtube.com/watch?v=URIhhyhmI-8
For those who missed it
http://news.goldseek.com/GoldSeek/1258049769.php
I was thinking about RHODIUM recently…
now if that can go to $10000 in a drunken market
then Gold should be able to go to $5000 under similar insanity…
Granted, you look at Rhodium now, and it sure ain’t the same as it was (currently trading around $2300)
Just curious goldbugs,
Have you test any gold coin you may own, purchased at ridiculous prices, for fraud?
http://reactor-core.org/~djw/myblog/archives/2008/10/24/T12_14_56/
Cash on hand > Gold on hand > cash on books > gold EFTs
n i have milatary BG as well
Keep on Discounting me people i love it cause i can fight back when ever if i want
How harmfull it is hmm err its ok to live here i’ve had 2 friends who died of Cancer at a young age both were born n greew up the Crater but i smoke POT i am idiot for warning people
decays, through alpha-emission, with a half-life of 4.5 billion years to thorium-234
tis is what Govt. tells u the same Govt. u trust RODFL
n i still feel Gold is a Scam i stand by it always will
* will never (correction)
What i am more worried about these idiots wanna go to the next Phase n it is getting more and more apparent thats whats freakin me out
@ sklein
Dont you see the bigger picture its always been about absloute POWER for what reason i can’t n never realize
@ Bonn
Decay rate…
The daughter nuclide of a decay event may also be unstable (radioactive). In this case, it will also decay, producing radiation. The resulting second daughter nuclide may also be radioactive. This can lead to a sequence of several decay events. Eventually a stable nuclide is produced. This is called a decay chain.
An example is the natural decay chain of 238U which is as follows:
decays, through alpha-emission, with a half-life of 4.5 billion years to thorium-234
which decays, through beta-emission, with a half-life of 24 days to protactinium-234
which decays, through beta-emission, with a half-life of 1.2 minutes to uranium-234
which decays, through alpha-emission, with a half-life of 240 thousand years to thorium-230
which decays, through alpha-emission, with a half-life of 77 thousand years to radium-226
which decays, through alpha-emission, with a half-life of 1.6 thousand years to radon-222
which decays, through alpha-emission, with a half-life of 3.8 days to polonium-218
which decays, through alpha-emission, with a half-life of 3.1 minutes to lead-214
which decays, through beta-emission, with a half-life of 27 minutes to bismuth-214
which decays, through beta-emission, with a half-life of 20 minutes to polonium-214
which decays, through alpha-emission, with a half-life of 160 microseconds to lead-210
which decays, through beta-emission, with a half-life of 22 years to bismuth-210
which decays, through beta-emission, with a half-life of 5 days to polonium-210
which decays, through alpha-emission, with a half-life of 140 days to lead-206, which is a stable nuclide.
Some radionuclides may have several different paths of decay. For example, approximately 36% of bismuth-212 decays, through alpha-emission, to thallium-208 while approximately 64% of bismuth-212 decays, through beta-emission, to polonium-212. Both the thallium-208 and the polonium-212 are radioactive daughter products of bismuth-212, and both decay directly to stable lead-208.
they are very fond of game theory and will therefore hedge their bets
Yes. Good thought.
yes you may be right – but I do not believe the BIS has one outcome in mind
they are very fond of game theory and will therefore hedge their bets – they need at least one viable lifeboat(host) when this is all over so are playing America off againist Europe
It seems pretty clear that they are finding it harder to inflitrate the alien culture of China (Rio tinto affair) so they will possibily use some form of limited military action to break china and make it another Japan, – however with nuclear weopans they Know they are playing with fire so I am expecting some proxy war – best guess Korea/Tawain
Advice, please: I can’t afford gold, physical or otherwise, so how about silver (silver coins, etc.)? I used to do some jewelry work and have a bit of sheet and wire silver left.
20 or 100 thousand years from what was taught plus i do agree that the human species can adapt to it but still at the cost of loved ones when there is a source of Renuable energy
that means or equates to “Life is Free”
but nooooooooooooooooo the Power goes
My 2 cents
@DorkfromCork:
Remember that the international financial system is to be completely different, and that capital will take on a different meaning.
I live near the Gulf of Mexico on the Miss. River in what we refer to as the cancer corridor. Never heard any reference to an elevated degree of radiation but I can tell you the air pollution is very, very bad. Heavy metals galore
Oks how long does Radioactive material ttake to Decay
@francesSnoot
yes – after the first gulf war they tried to regig there armed forces toward a high technology expeditionary force,but that has its limitations – think of the British inter war imperial policing actions in Iraq and elsewere(1920s-1930s)
Now they will again have to reconfigure their forces toward high intensity insurgent operations and parhaps general war on multiple fronts
The us no longer has the capital to extend and build more technology(maybe) so will have to use more human capital which happens to be unemployed at this time
once the wage structure is reduced to a certain level this will become a more attractive option from a military standpoint – it just takes some time to restructure.
@Mr. Dork:
It’s strange. There’s no work round here, and the boy that does my lawn cut said he tried to join every single one of the armed forces. Said they weren’t hiring for six months. Something is definately up.
Be nice if they never DID hire anybody. But I’m not prowar in the least.
@sklein
I come from Cork but I am a Dork
@ cork
The military exceeded their desired recruiting efforts this year. If the military guys were to return you’d see a huge spike in unemployment.
@Francessnoot
Yes they never deployed the national guard abroad on this scale before
But I still expect the draft soon or maybe poverty will be a good recruiting sargent.
@ Bonn
I live near the Gulf of Mexico on the Miss. River in what we refer to as the cancer corridor. Never heard any reference to an elevated degree of radiation but I can tell you the air pollution is very, very bad. Heavy metals galore. Water pollution is bad, too. I can’t believe New Orleans city water comes from the Mississippi R. Every chemical dumped into the river is in their drinking water. Gawd.
Petro-chem has destroyed the environment in this area.
Breast cancer rates probably correlate with the number of mammograms given. Most deceased persons of advanced age will have breast or prostate cancer. These cancers are not the cause of death.
@WL:
Yes. That’s what Mr. Dork indicated: meatgrinder.
They are pulling the young men out of America for a reason.
@frances
You know, most here agree with your assessments of IMF/BIS control. Yet, very few individuals can extricate themselves from the system, they are chained to it They sense something is wrong in their gut, but don’t know what it is or what to do. They are trapped and sense it. This is a formidable foe with the power of legalized violence behind them. The continued drop in US employment and lower standard of living will stress the population into action. The illusion is waning amongst the masses.
You have said what people need do but what can they actually do?
A few years ago goldbugs were called crazy fringe lunatics for claiming the coming demise of the US$ and a NWO. Now, the MSM and globalists freely admitting these things. Like tectonic plates, they move slowly then suddenly a massive quake.
The quake is inevitable. Unfortunately, there will be blood.
“Vimana shastra Astra” people laughed at me that Document was found in a tibetian monastary
my home town 
since 2006 i think
n will continue too
is currently being translated by Dr. Anjali in Chandighar
Some one said i was Smoking Pot RODFL
Well i cant help thinking otta the box i have always been like tis
One thing i have been single now is a lotta time thats because i dont work
gonna get a partner maybe next year n start a family 
but i can smell Bullshit a mile away now
And BTW i did this 2 years back n decided to slowly re introduce it in this Forum by taking baby steps at a time
You gotta read lotta history as well
And Please Check All Cancers dont belive me Please check All Cancers
@Bonn:
I don’t believe their is any correlation between breast cancer rates and craters, but I think you
Its not only breast Cancer its all Cancers
Do your own research
How long does Radioactive material take to Decay ?
that’s 10 th grade Science i am not suggesting to u guys that it was a nuke
though i belive it was
but even a meteor hitting earth is like a nuke
so if u wanna live in a place which has a crater go ahead like Chernoble
it takes 20,000 years to Decay or u the one like Madam Qurie
And WL: I think we must not spend out time casting stones or judging. I think the criminals should be tried, of course, but the energy we waste in hate might be used for a better cause.
I know I have to leave behind the resentments and dislikes that are human attachments as well as the love and care that are also human attachments when I die.
We shall all die, and the things that matter now will not mean a morsel. We will be forgotten: our empires will only lay in questions. How then would you live knowing these things as experience now teaches you otherwise?
@francessnoot
The system was always a beast but occasionaly the beast gets replaced with a meatgrinder
@WL;
I think people need to withdraw from the system of currency exchange completely and use barter or use gold themselves as a means of exchange outside the BIS/IMF conglomerate. Immediately. Ukraine showed us what the WHO is capable of orchestrating. I think that it is extremely myopic to believe that the system may be manipulated for one’s benefit after the scenes from the streets of the G20 Pittsburg.
But I always have believed that the good that people choose to do without anyone watching is always there and much more powerful than the evil. I have seen this personally, and it is my great faith. We should invest more in the old and the children: use the weakest to strengthen the chain makes the whole chain invincible.
No matter what happens: this life is a transient wishing only.
@Bonn:
I don’t believe their is any correlation between breast cancer rates and craters, but I think you are clever to manipulate data to such a grand effect. And I will have a renewed respect for large depressions in the earth’s blanket now.
@frances
What do you think people should do?
@DorkfromCork:
Oh. Sorry for my misreading!
America is really only a war machine now. And the WHO looks set to step in to control the world’s people. But the end has not come yet, so I will try to be a bit more optimistic. It would be nice if people would take the appropriate actions now instead of ‘hoping’ for something ‘nice’ from the system. The system has evolved into a beast.
And i too have a feeling its gonna break 2000 $
Cause these Lunatics Dont know what to do
there are think up their next concocktion i Guess
Still no respond to my “Nice Grouping of Creators”
I am getting the Urge to just go and max out my Credit cards on Gold and then Sell everything 30 days later RODFL
@ Chris
retrenchment no – digging a trench maybe
I wonder do they still have “The Only Fools and Horses” fallout shelter in the BBC props depatment?
John Paulson Making Big New Bet on Gold
One of the biggest investors is placing a big new bet on gold.
John Paulson, who scored about $20 billion of profits for his hedge fund between 2007 and early 2009 wagering against the housing market and financial companies, is launching a fund dedicated to buying up shares of gold miners and other bullion-related investments, according to three investors.
Mr. Paulson spoke about the new fund, which will begin on January 1, at a meeting with his investors Tuesday in New York. The gold fund will invest in gold-related shares and gold derivatives and will aim to outperform gold prices.
http://online.wsj.com/article/SB10001424052748704533904574543713428787876.html
@ frances snoot
I was not talking about the Politicans
Military commanders have become poltical animals now, in both the UK and USA
this would not have been tolerated 2 decades ago
@DorkofCork,
And others just starting to buy now: If you are worried about a consolidation/retrenchment after you buy, then the best option might be to buy an ETF, but place a stop limit order. (eg. GLD or SLV )
Keep in mind however that in a catastrophic meltdown, GLD and SLV are not as safe as physical metal, eg. from GoldMoney.com.
My speculation: I’m guessing there will be a small consolidation soon, followed by continued climb in Au and Ag, funded by dollar carry trade. Then within 1-2 years, the dollar carry trade will unwind, driving the dollar UP rapidly, albeit for a short time. Gold will decline in dollar terms. When this happens, I’m looking to add to my PM position considerably, then wait for the Dollar Death Spiral…
@DorkofCork:
The IMF is in firm control of the politicos in all the countries of the G20.
@ D of Cork
I think you are right–they will fight. That’s what they have always done.
One trick pony.
I do agree that the BIS have been in control of the big events since its inception, I do not believe they are omnipotent – especially at turning points such as now
when the shit truely hits the fan miltary beaucraceys tend to be more powerfull then civilian and financial
The BIS will try to steer events in their favour but you cannot underestimate what men in uniform do when they are exposed to “events”
I feel that America is in a similar stragetic postion as Germany in the first half of the century – encircled by weaker but growing powers – It will have to decide if it wants to accept a weaker role in the world or take a gamble with all its chips……..
I am getting very worried about the future
FHA=criminal enterprise
Letter to the Editors of The Wall Street Journal
Catherine and News & Commentary, November 17, 2009 at 10:11 pm
November 14, 2009
Ladies and Gentlemen:
Your editorial “The FHA’s Bailout Warning” states that the deterioration in The Federal Housing Administration’s (FHA) financial position “is the result of the agency’s plunge into high risk loans over the last two years.”
The current problems in the financial condition of FHA and its parent agency, the US Department of Housing and Urban Development (HUD), have older roots. For example, HUD refused to produce audited financials in
fiscal 1999 as required by law and used $59.6 billion in “undocumentable adjustments” to close its books.
At that time the chief of staff to the Chairman for the Senate appropriations subcommittee overseeing FHA and HUD confessed to me that the agency “was being run as a criminal enterprise.” (See here)
Understanding FHA’s current financial condition requires an investigation of what has happened to the billions that have disappeared through the agency’s accounts.
Sincerely Yours,
Catherine Austin Fitts
Former Assistant Secretary of Housing – Federal Housing Commissioner, Bush I
http://solari.com/blog/
Bitte entschuldigen Sie mich, ich weiß nicht woher es kommt.
“Please Excuse me i do not Know where i come from”
I think
@ Will
Darn man! My name is German but I can’t speak the lingo. Family came to the “new” world in 1777. How convenient?
Bitte entschuldigen Sie mich, ich weiß nicht woher es kommt.
Translation please…
But I am incredibly impressed also.
I didn’t say you were a master limericks guy: Stacy did!
Frances – Thanks for your vote of confidence – I was thinking last week that I was being tiresome, so I am happy that in fact I amuse you.
I think the 9/11 Debacle is what oppened everyones eyes that will be seen as history goes by thier Clowning errr hmmm Crowning failure RODFL
The Nic Cage we thought was a rock,
Spent cash just ’bout around the clock,
“It was my advisor!
I’m really quite the miser!
So…how’d you get 15 homes out of hock?”
@bb
er… don’t let me interrupt your ‘fun’ but… ‘Its pretty disgusting how over-the-top some people can get around money’ a polite question have you looked at yourself in the mirror lately???
@THE DORK OF CORK – if ‘the Pentagon throws its weight around’ the dollar will tumble even further; and while the US might like the decline in the value of their massive debts, they will be one day closer to a sovereign credit crunch
@Stacy:
The Pentagon is tied to the currency cartel in that their enumeration is dollar-denominated so I don’t think they will be throwing much except perhaps laying down palms for the conquering heroes who will provide their future sustenance. Go team!
De la bouffe il me reste pas un grain.
Je n’ai même pas un ticket de train,
Je suis tout écoeuré,
car je n’ai pas de blé,
C’est vraiment un temps de putain!
YARR!
@Will:
May I be so bold to say that your limericks are as violets strewn about the threads?
@Marietta;
I think the guy in the video is dumber than a box of rocks. At least rocks are useful. He is against tyranny, I assume, and pro-IMF. Go figure.
Unless he is working for the ‘dark side’? Nah, I wouldn’t recruit someone who can barely read off a piece of paper.
@frances
i think the guy in that video is actually saying that he doens’t believe the Fed. At the end he points out that the Fed said it was needed backin 1913 “to break up the money trusts” which was just a lie because they actually institutionalized the money trusts. I think he;s saying that today’s IMF “audit” is also a lie. His problem may be he’s not being very clear in what he means to say.
Or am I totally confused?
@mep
Robert Reich is one of them
“I see fed people”
A good Robert Reich blog on the disconnect between stocks and the economy: http://robertreich.blogspot.com/2009/11/great-disconnect-between-stocks-and.html
Neil said “Tim gifted the farm,
to a pig-like banksterish swarm.”
Taxpayers were hosed,
nothing left but their clothes,
so they burned houses just to stay warm.
Secret Global Copyright Agreement is Executive Order – Judge Napolitano & Shelly Roche on ACTA
http://www.youtube.com/watch?v=34-8trrsYxo&feature=sub
sklein – OMG LOL – Bitte entschuldigen Sie mich, ich weiß nicht woher es kommt.
And higher Taxes 750 plus bases all over the world lady giving you the Security u need RODFL
To Europe go Max and Stacy
the critics thought them quite spacy
prognosticating from France
law says women to wear no pants
and doggies poop all over the placy
http://www.telegraph.co.uk/fashion/fashionnews/6583074/Women-banned-from-wearing-trousers-in-Paris.html
@ Francis Snoot
2010
Shock Doctrine coming home to roost in USA. Tested first in Chile.
RODF you know i found Max & Stacey and guys like Peter Schiff Marc faber etc
When all the channel were saying how the bailout would help.like the pied piper it conned the Blind US public.
I just typed the words “Why the bailout wont help”
Bang Peter Schiff Marc faber Max and Stacey though saw him on Oracle with the Black hole ROFL
Uniquely American
http://www.youtube.com/watch?v=kIjo-dWE1Jg
get any Sleep oh and the Next Presidents taking you PF too plus Credit card rates are gonna go up to 30 % per year have fun lady
@ Will
OMG. You did it that time!!
LOL
one of the reasons for hitler invading various european countries was to get his hands on their gold, which was usually held in a bank in switzerland. invade, get the bank governors to make a request for the gold and voila! you have some hard currency to continue your war. its amazing how professional the banks were in giving up their country’s gold, and for switzerland in being so prompt in handing it over.
The dollar was ready to puke,
Benny said “Gotta use the force, Luke!”
‘Bama asked what that meant,
thought he’d spent our last cent ~
“I’d better look for a country to nuke!”
@ staceyherbert
that would depend if the US miltary are successfull
Gold allways follows the winners and since the farce of Iraq gold has been leaving the US and devaluing the dollar but I would not write off the US just yet , it still has a Ace up its sleeve
Question:
How many people realize that the Congress is ONLY A CIRCUS and that the actions followed in the US are directed out of the Basel Committee Financial Stability Board BIS?
The same people supporting the Fed Audit (well, the IMF can’t get our tax money now with no jobs and someone has to pay for it) are also gun-hoooo for the war for freedom in Pakistan/Iraq/Afghanistan et al. Great American Patriots, right?
http://www.people.com/people/article/0,,20320550,00.html
this rabbitt-faced loser is pretty indicative of the kind of idiocy we have witnessed coming from the ‘rich’ over these last years. And I can’t stand 5 minutes of the guy on the big screen. I think he should fold his cards and take some debtor’s anonymous meetings and an early retirement.
Its pretty disgusting how over-the-top some people can get around money. With his booty he could have started another Sundance, opened a major charity or just bought Gold for god’s sake. Pathetic.
Cramer’s madness had turned out a dud,
but rather than just pound his pud,
he does as he’s told,
so now talks about gold,
and thinks that he’s once more a stud.
@THE DORK OF CORK – if ‘the Pentagon throws its weight around’ the dollar will tumble even further; and while the US might like the decline in the value of their massive debts, they will be one day closer to a sovereign credit crunch
I think the main danger for euro buyers is the euro declining against the dollar especially if we get geopoltical shit coming down the tracks in the new year.
The only option now for Washington is to get the pentagon to throw their weight around and see what happens
Marc Faber Bloomie today
Mr Bernanke will print and print and print the sky is the limit
http://www.bloomberg.com/avp/avp.htm?N=av&T=Faber%20Says%20%60Sky%20Will%20Be%20The%20Limit%27%20for%20Rising%20Gold%20Price&clipSRC=mms://media2.bloomberg.com/cache/vuZkPHEkdyfM.asf
FSAP news:
http://en.ce.cn/subject/financialcrisis/financialcrisisln/200909/01/t20090901_19910891.shtml
There was a review submitted for the September G20 meeting. It was called a self-assessment seeing of the ‘close ties’ between the US Treasury and the IMF.
http://www.casttv.com/video/ecpd5y/audit-the-fed-hr-1207-the-financial-sector-assessment-program-fsap-part-i-video
The man in the video is basically declaring that the IMF audit WILL happen because the FSB (financial stability board) out of Basel has decided to mandate it throught the FSAP/IMF program. What a dope! He is afraid of the Fed which maintains his own currency and wants to destroy it but maintains no fear of the IMF/internationalists behind the drive to destroy the dollar and colonize his country for future international banking profits.
pathetic.
Bud Conrad of Casey research called that price right on the money last January
With the silver price lagging a bit,
it got Teddy B all in a twit,
Writing letters and blog,
he continued to flog,
and now shorts are all taking a vacation.
(I’m still having trouble getting the last line to rhyme this AM, guess I’ll take a break
@Dork of Cork
Probably, but doesn’t everybody. I’ve been paying through the teeth to get the stuff sent to me anyway from overseas so its worth at least getting a quote. My might pop in there myself this week before I head off to London.
@danny
no i have not – I bet they take a large commission/cut on their transactions
@stacy
…charming. Bet he wasn’t drinking Brunello!
@The Dork Of Cork
Have you been down to the Gold Bullion shop on Oliver Plunkett street?
The eCONomists continued to trouble,
said “The gold market is just a bubble.”
They said “We’ve all found
that the dollar is sound,”
while PM COTs continued to double.
@Stacy My point was, HAS ANYTHING CHANGED! over the years? A few people remember, and many…forget too easily.
@frances – Thank you. You’re too kind. I love getting feedback. Please check by blog regularly or sign up for a RSS feed.
I have to go now. I’ll check back later to see what people are chatting about. Toodaloo.
UP-UP.. and a way we go!
thinking of throwing in my last paper at the gold/silver market but I am still worried about a correction in the market
Decisions decisions…….
@FrankHope:
I like your article today on EastJerusalem on your blog:
http://futurenewstoday.blogspot.com/2009/11/battle-for-east-jerusalem.html
Very informative. Well done!
SH – Master…
Merci, c’est très gentil.
@Danny – I was thinking of you two or so days ago . . . bunch of Irish in town; including one that seemed to have walked his face into a brick wall a few times, either that or he had just come off the battlefield
To the rednecks they said “Buy a truck!”
”
To the jobless they said “Outta luck
To themselves: “What a hoot!
We’ve still got lots of loot!
As long as they’ll take it, we’ll smile!”
(Sorry, couldn’t figure out how to make that last line rhyme
@jj – have to ask . . . are you that time traveler that is f***ing with CERN? The article you just linked to is from 1995, the article you linked to before that was from 2007. Just sayin’
Stacy, if you here OLÉ OLÉ OLÉ OLÉ on the streets of Paris tonight, run in that direction!
@FrankHope:
JUMPING JEEHOSAPHATZ!
@Stacy About time…Don’t you think…that we kick them out???
http://www.independent.co.uk/life-style/life–the-unwanted-yankees-of-okinawa-1578428.html
ooops typo
Yves is now a proponent of the Audit the Fed bill.
@Frank:
Here’s Yves Smith take on the FSAP for the US in 2008:
“One has to wonder whether a president less dismissive of international organizations would have been this high-handed. The FSAP was created in 1999; it’s unlikely its sponsors, the IMF and the World Bank, would have wanted to road test a new program on a large, complex financial system like America’s. Thus it is unlikely any request would have been made under the Clinton Administration. However, there could well have been predecessor exams that went under different names, so this practice may be long-standing.”
http://www.nakedcapitalism.com/2008/06/end-of-exceptionalism-imf-to-examine-us.html
Yves is no a proponent of the Audit the Fed movement:
If this offends you as much as it does me, I hope you’ll make a call or two tomorrow. Here are the Democratic numbers of Congress who support auditing the Fed. They should support the Paul-Grayson amendment and not the Watt amendment. Thanks!
http://www.nakedcapitalism.com/2009/11/audit-the-fed-bill-attempted-saturday-night-massacre-underway.html
Mr. Hope: It sure looks to me like there are a large batch of suckers out working double-time to ensure the IMF program is initiated. Go team?
While the pols were all getting good phone,
the gold price got legs of it own.
It ran up for days
while the frogs sat amazed,
and hoped someone would throw them a bone.
@Will – you are a master limericist!
@Photoception – to be fair, Beck has been good on some of the economic / financial stories; if you are looking for a contrarian indicator, you need to go to someone with a good track record of being wrong, so I would use Cramer perhaps
If Silver can close over 18.56 we could be looking at a Moon-Walk on up to over 20. That would be fun. best,bb
@frances – I was just online checking for new information on the FSAP (IMF audit) of the US. I found this:
http://www.rollye.net/BlogArchivesFSAP209.html
Bernanke: “Well, we have international institutions like the IMF, for example, which has expertise in financial matters, which does, for example, what’s called an FSAP–a Financial Stability Assessment Program. It goes to different countries and tries to assess the strength of their financial systems, regulatory systems alike. The United States, currently, is about to ready to undergo one of those FSAP programs.”
This statement is from February 2009 from what I can tell. You don’t here anything about this on the MSM. Not even the so-called business news.
Here is a current ranking of the US financial sector. Which has to do with a country’s Sovereign Credit Ratings (SCR). the US is ranked either 16th or 32nd depending on the criteria.
http://www.estandardsforum.org/united-states/standards
YEAH! Go Will!!!
I finally convinced my lovely wife to purchase a 2009 Buffalo proof coin. Glad she bought it when she did. The price won’t be going down anytime soon.
Bright flash turns night into day
November 18th, 2009 @ 8:47am
…
SALT LAKE CITY — A fast moving meteor lit up the night skies over most of Utah just after midnight Wednesday.
KSL News has received hundreds of calls from people who saw it, from southern Utah to southern Idaho. There also are reports of people seeing it from Las Vegas and areas of California. Witnesses report a flash so bright it lit up the entire sky for a couple of seconds.
…
http://www.ksl.com/?nid=148&sid=8714738
Frances – there are no coincidences….I was working on it while you were typing that message!
http://market-ticker.denninger.net/archives/1640-MUST-WATCH-Glenn-Beck-And-The-Dollar-Carry.html
Okay, now Glenn Beck is talking about the carry trade. If that isn’t a contrarian indicator I don’t know what is. The guys on Wall St. can turn on the TV and people are talking about their arbitrage. The jig was up a month ago.
Big Tim to the banksters said “Lend!”
while his gubmint continued to spend,
He used a big tool
to coerce every fool
into gambling right up to the end!
@Will:
You promised Snoots a limerick.
@Frank:
Your blog entry is from 2008. Do you have any new info on the IMF FSAP for the US?
Oh yeah!
Go backwardation!
Hang on!
@Stacy Seem like they paid at last… I paid more… for my little rabbit hutch that is two hours away from Tokyo.
The embassy is HUGE!
http://tokyo.usembassy.gov/e/p/tp-20071210-50.html
Still lots of questions about the previous LDP and The U.S dealings…
http://www.stockhouse.com/Columnists/2009/Nov/17/Got-Gold-Report–COMEX-commercial-shorts-in-retrea
VERY NICE BLOG ENTRY FRANK HOPE
The proposed IMF audit will be a sham if it ever happens. They will offload their junk on a beach somewhere in the Caymans and then come back to it using a pirate’s map when the smoke blows over.
The U.S. does not even allow Fort Knox to be audited. No one knows how much or how little Gold this government actually has in its coffers. ‘Trust me’ has been its watchword for years.
Why on earth would they ever allow a legitimate audit of the IMF? The banksters don’t allow an audit of Tarp distribution.
@Stacy This is interesting…
http://www.japantoday.com/category/national/view/iraqi-govt-sued-over-unpaid-embassy-rent-of-y350-million
Did they sue the Americans???
Thanks STacy, interesting article which I will have to read more thoroughly later. I use 3 wave analysis and the D leg reaches to 1174 off a Lindsay pattern. Who knows? I do beleive that buying dips at this juncture in the bull and having patience and a cool head is not a bad strategy. There will be many naysayers out there to argue that Gold is not in a bull or is overrated or is at the end of its run,etc. then again they have missed the entire ride and do not understand the principal behind it.
Long live SDS and the Radical Students Union. Was a member at Berkeley in 1970. Used to follow Tom Hayden,Angela Davis and Herbert Marcuse around campus. Those were the days my friend, we thought they’d never end.
@Stacy and Max – There is a bombshell lurking in the wings. The IMF is due to release a Financial Sector Assessment Program (FSAP) on the US in 2010. You can read more on my blog.
http://futurenewstoday.blogspot.com/2008/09/has-us-become-3rd-world-country.html
The IMF is getting ready to audit the US at the insistence of China, India and Brazil. Bush agreed only if the report would not be issued until he was out of office. The report will be issued in 2010. Asian countries are pissed that when they had a similar crisis recently, the IMF insisted that they let the bad businesses fail before providing credit. The US is going to get the 3rd world treatment from the IMF.
“15. Fraudulent mark to model accounting and no audit of anything in the Fed, means that by definition the gold punisher’s response must be to devalue these items in price and value. Those items are falling in price against gold, and more importantly, falling in value. Gold is the Punisher, the control mechanism for all markets. Those who ignore or mock gold, will be punished themselves. It is happening now, and the world’s investors have only received the first few lashes of what is a lengthly 100 lash punishement. Those taking actual market actions based on this clown view of the gold market as a bubble, well, the reality is they run a greater than 50% chance of winding up on a real Bread Line. Mr. Gold Market Menace can write that down and paste it to his computer. The Gold Punisher is deflating the greatest bubbles of all time, in debt-loaded assets around the world. The gold bears have it ALL backwards.”
This is one of the top ten stupidest paragraphs printed in English to this date. Ding ding ding ding: we have a winner!
@Stacy
For nine years… Why???
What’s the excuse? No money… Bad times… or freeloading is o.k?
They’re doing it around the world!
http://www.thefreelibrary.com/Rent+rebate+(rent+on+American+embassy+in+Moscow+low+because+of…-a030492011
In some ways, I’ll give Thom Hartmann credit for trying to draw attention to what needs to be changed.
One thing that I don’t agree with is him (and others) constantly pushing the call-your-senators-and-representatives mantra. Like only doing that is going to change an issue.
What he DOESN’T say is this. If millions of people did this every single day (and didn’t back down UNTIL change happened), that’s one thing. But unfortunately, nobody can be bothered to do that.
You have lots of progressive groups fighting it out for airtime, funding and more (instead of actually banding together). Exmple: Cindy Sheehan. She was roasted alive by both the neocons AND the progressive side. But to her credit she took a break and is now back taking a multimedia approach to getting her message out.
Some questions for Thom Hartmann. Since he IS a celebrity, has he ever been:
hung up on
laughed at
or just been completely blown off by some Congressional staffer?
I’ve had all of this done to me by many many different offices. So I suggest that Hartmann and others broaden the approach that they push to their listeners.
Man USA has got so many Skeletons in the Closet Dam Rockerfeller and his Genocide Plan
@Stacy:
from your gold link:
“14. Hello? Earth to the furthest star in the universe, is anybody home? A thousand trillion dollars in OTC derivatives blown to smithereens against a backdrop of Ben Bernanke operating his nuclear-powered printing press on hyperdrive, and gold responds by punishing these debt loaded markets in price, and he says gold, not these items, is the bubble? The gold bears have totally lost it.”
Is there any way to get figures on the OTC derivatives outside the auspices of the Bank of International Settlements? Wouldn’t the figures coming out of that bank support the bank’s advantages?
Why do people blindly mimic these OTC totals without any corroborating evidence other than BIS says so.
@ Stacy – Nevermind. I just refreshed my chart and saw that peak your showing. Things are happening fast!
@Stacy – What’s up with the gold charts? I haven’t seen it go over 1150 yet. Is this in US dollars?
@buddhabob – sounds like a plan; this is a commentary from today along that same line of thought:
http://www.321gold.com/editorials/thomson_s/thomson_s_111709.html
Gold target 1174 area dead ahead. Will sell into it. 1154 taken out is bullish, who knows? Accumulating CEF now on dips and will open an account soon with GoldMoney. I would love to see resistance and rest at the 1174 area as it marks several key junctures. If not then the bull really is loaded up with pee and vinegar and really wants to rampage. Positioning is all.
Warren Buffet toilet paper is swirling around the porcelain, hugging the sides in a desperate attempt to not join the sewage in a fateful dive to oblivion. Its all relative. I don’t like speculating all the time but if its against the government and the banks which trading in Gold and Silver is, than I am fine playing Robin Hood, riding thru the forest, sending zingers into the visors of unsuspecting horsemen. I will tithe off some of these monies and hope to donate and cook to help the burgeoning lines of homeless on the streets of Santa Monica this ‘holiday’. Its scary and pathetic out there and the rich stroll by always in a hurry on their Blackberries and Iphones, ignoring what is right in front of them on the street.
@jj – though, now that I look at date . . . it’s a little bit old; wonder if they have paid it yet?
Joehei !! I say: Stake knife! Card shark! Con job! Boot cut!
What’s it gonna be boy?? http://www.mygoldprediction.com/
Wow thats fast moving
@jj – Thanks for the link about US refusing to pay its rent!!! Great find.
@Sherbert: Haven’t listened to Thom Hartman for some time…he believes that to change the system you have to do it from inside ( so vote and all that )….Sometime last October 2008, he had TMU economist, Dr. Ravi Bhatra on, and the number that they were broadcasting was $200 trillion in derivatives…I called in and said that by my estimate the BIS number of $565 trillion was half the amount others suggest it was ( $1.2-$1.5 trillion )..they months later adjusted their numbers…Yet my point was that the global GDP was $67 trillion and that meant that it would take 20 years to legitimize the balance sheets while the entire 6-7 billion of us stood still….something that has yet to be resolved…So Max…maybe he has become more radicalized with the bonus season for insolvent institutions in our faces while the 10-20% unemployment numbers climb…and the foreclosures increase and the financial coup d’etat continues. Thom was the son of a Michigan blue collar family…he knows that the underpinnings of the world we grew up in has seriously deteriorated…He was also a former SDS activist in his youth…maybe he needs to RISE UP!!!!!!!!!!!!!!!!!!!!
@Stacy Ref: What up with that? The Truth About Markets, 14 November 2009, Resonance FM.
US Embassy in Japan Refuses to Pay Its Rent – For 9 Years
http://www.shortnews.com/start.cfm?id=61124
2 trillion yen of Japanese tax money used to upgrade U.S. military facilities in Japan
http://www.japan-press.co.jp/2009/2627/usf.html
http://www.ipb.org/i/pdf-files/Japan_Low_Military_Spending_Underscores_Dependence_on_US.pdf
Glad we stopped paying for this shit…
http://www.yomiuri.co.jp/dy/national/20091107TDY04303.htm
First! Look at it go!